Inox Wind Energy Ltd - Stock Valuation and Financial Performance

BSE: 543297 | NSE: IWEL | Power Generation/Distribution | Small Cap

Inox Wind Energy Share Price

10,389.50 -116.35 -1.11%
as on 21-Nov'24 16:00

DeciZen - make an informed investing decision on Inox Wind Energy

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Inox Wind Energy stock performance -

mw4me loader
P/E Ratio (SA):
7.83
Market Cap:
12,657 Cr.
52-wk low:
3,253.7
52-wk high:
14,000

Is Inox Wind Energy Ltd an attractive stock to invest in?

1. Is Inox Wind Energy Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Inox Wind Energy Ltd is a below average quality company.

2. Is Inox Wind Energy Ltd undervalued or overvalued?

The key valuation ratios of Inox Wind Energy Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Inox Wind Energy Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Inox Wind Energy Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Inox Wind Energy:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Inox Wind Energy Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Dec'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 0%-1.4%10.3%0.7%65.8%-
Value Creation
Index
NA-1.1-0.3-1.03.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 06.416.212.514.120
Sales YoY Gr.-NA154.9%-23.1%13.3%-
Adj EPS -2.712.825.65.32311,341.2
YoY Gr.-NA99.4%-79.1%4224.9%-
BVPS (₹) -1.7761.3850.3853.21,697.52,412.6
Adj Net
Profit
014.128.162781,616
Cash Flow from Ops. 015.136.9-3.5-6.6-
Debt/CF from Ops. -101.10-30.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA30.5%13.3%
Adj EPS NANA162.2%4224.9%
BVPSNANA30.7%99%
Share Price - - 133.7% 216.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
160.61.73.10.618.465.3
Op. Profit
Mgn %
018.6-14.878.732.225.2
Net Profit
Mgn %
0221.5173.248.11969.97895.4
Debt to
Equity
-1.10000.10
Working Cap
Days
009,4402,9415,19129,448
Cash Conv.
Cycle
00-341-250-15328,319

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 65.30%

Sales growth is growing at healthy rate in last 3 years 30.45%

Net Profit is growing at healthy rate in last 3 years 162.15%

Sales growth is good in last 4 quarters at 111.24%

No data to display

Latest Financials - Inox Wind Energy Ltd.

Standalone Consolidated
TTM EPS (₹) 1,341.2 39.1
TTM Sales (₹ Cr.) 20.5 2,405
BVPS (₹.) 2,412.6 2,470.3
Reserves (₹ Cr.) 2,895 2,964
P/BV 4.35 4.25
PE 7.83 268.38
From the Market
52 Week Low / High (₹) 3253.65 / 14000.00
All Time Low / High (₹) 188.95 / 14000.00
Market Cap (₹ Cr.) 12,657
Equity (₹ Cr.) 12.1
Face Value (₹) 10
Industry PE 26.7

Management X-Ray of Inox Wind Energy:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Inox Wind Energy

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales6161214
Operating Expenses 8530310
Manufacturing Costs2000
Material Costs0000
Employee Cost 1000
Other Costs 8230310
Operating Profit -79-14104
Operating Profit Margin (%) -1,235.8%-84.4%78.7%30.6%
Other Income 7211101,059
Interest 01100
Depreciation 5333
Exceptional Items 0000
Profit Before Tax -1293-31,060
Tax 12-4-943
Profit After Tax -249761,018
PAT Margin (%) -382.0%601.5%48.1%7,204.5%
Adjusted EPS (₹)-22.188.75.3844.7
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 8369349572,045
Share Capital 11111112
Reserves 8259239462,033
Minority Interest0000
Debt0400205
Long Term Debt0000
Short Term Debt0400205
Trade Payables4220
Others Liabilities 64916080
Total Liabilities 9041,0681,0192,331

Fixed Assets

Gross Block93775455
Accumulated Depreciation23242225
Net Fixed Assets71533230
CWIP 38383838
Investments 258568561,952
Inventories0000
Trade Receivables2300
Cash Equivalents 1000
Others Assets76811893310
Total Assets 9041,0681,0192,331

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1537-4-7
PBT -1294-21,060
Adjustment 46-1074-1,064
Changes in Working Capital -1851-6-2
Tax Paid -1-11-1
Cash Flow From Investing Activity -14-9942-250
Capex 2329-1
Net Investments 2711201,056
Others -64-21333-1,306
Cash Flow From Financing Activity 062-39257
Net Proceeds from Shares 00070
Net Proceeds from Borrowing 0000
Interest Paid 0-1-100
Dividend Paid 0000
Others 063-28187
Net Cash Flow 1000
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-2.9111.010.6367.78
ROCE (%)-1.4410.30.7365.79
Asset Turnover Ratio0.010.020.010.01
PAT to CFO Conversion(x)N/A0.38-0.67-0.01
Working Capital Days
Receivable Days1185500
Inventory Days0000
Payable Days0000

Inox Wind Energy Ltd Stock News

Inox Wind Energy Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Inox Wind Energy on 21-Nov-2024 16:00 is ₹10,389.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:00 the market cap of Inox Wind Energy stood at ₹12,657.
The latest P/E ratio of Inox Wind Energy as of 21-Nov-2024 16:00 is 7.83.
The latest P/B ratio of Inox Wind Energy as of 21-Nov-2024 16:00 is 4.35.
The 52-week high of Inox Wind Energy is ₹14,000 and the 52-week low is ₹3,253.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Inox Wind Energy is ₹20.47 ( Cr.) .

About Inox Wind Energy Ltd

Inox Wind Energy Limited (IWEL) is incorporated as Public Limited Company on March 6, 2020 under the provisions of Companies Act, 2013 in the State of Gujarat. 

Business area of the company 

The Main Object of the Company is to engage in the business of generation and sale of wind energy and providing related services and to make investment in the shares, debentures and other securities of Renewable Energy Business. The Company has received Renewable Energy Business on going concern basis as per the Order dated January 25, 2021 of the National Company Law Tribunal, Ahmedabad Bench, with effect from Appointed date April 1, 2020.

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